The Program Management Improvement and Accountability Act has been passed unanimously by the U.S Senate and is on its way to President Barack Obama’s office to be signed.
Currently in the U.S, only 64% of government strategic initiatives actually fulfill their intended outcomes and business intent. However, research by the Project Management Institute shows that investments into program management standards and capability can dramatically improve outcomes, accountability and efficiency.
In response, the new federal Program Management Act will enhance government performance by:
- Creating a formal job series and career path for program managers in the federal government.
- Developing a standards-based program management policy across the federal government.
- Recognising the essential role of executive sponsorship and engagement by designating a senior executive in federal agencies to be responsible for program management policy and strategy.
- Sharing knowledge of successful approaches to program management through an interagency council on program management.
Mark Langley, President and Chief Executive Officer of PMI said of the bill: “this critical legislation will help maximise efficiency within the U.S. federal government, thereby generating more successful program outcomes and increasing the value that Americans receive for their tax dollars.”
The Australian public sector isn’t far behind in their recognition of the benefits of good portfolio, program and project management. With the sheer scale of many government projects currently being implemented, there is an increasing push towards the establishment and maturation of PMOs to align budgets, resources, time frames and project scope with an organisation’s broader strategic direction.
Criterion Conference’s Public Sector PMO Leadership conference will showcase key leaders in portfolio and program management from across the Australian Public Sector who will share their experiences and lessons learnt to address some of the biggest challenges facing government PMOs right now.
Ideally, it won’t be long until Australia too will pass a government Program Management Improvement and Accountability Act.